Long
BLOX (CDT) Is Continuation Bullish
SWING TRADING ANALYSIS
1 Day Timeframe
CDT/BTC is seems bullish, there isn't divergence occures
Now the price above the support FIBO 0.5 and it can bounce immediatly then go to the target (violet lines) but stochastic showed the downtrend, so the price can go lower support until stochastic golden cross and then bouce back to the target
Entry 1 : 92 - 94
Entry 2 : 83 - 85
Target 1 : 99
target 2 : 116
Target 3 : 129
Target 4 : 144
Stop loss : 80
1 Day Timeframe
CDT/BTC is seems bullish, there isn't divergence occures
Now the price above the support FIBO 0.5 and it can bounce immediatly then go to the target (violet lines) but stochastic showed the downtrend, so the price can go lower support until stochastic golden cross and then bouce back to the target
Entry 1 : 92 - 94
Entry 2 : 83 - 85
Target 1 : 99
target 2 : 116
Target 3 : 129
Target 4 : 144
Stop loss : 80
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.